{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-030550","form_type":"8-K","ticker":"SPRU","cik":"0001772720","company_name":"SPRUCE POWER HOLDING CORP","filed_at":"2024-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.477490+00:00","generated_at":"2026-06-01T00:05:43.618493+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Spruce Power closes $130M non-recourse debt facility refinancing SP4 loan","bullets":["Credit Agreement with Barings for $130M at 6.889%, maturing April 2042; Anticipated Repayment Date Dec 2027.","Refinances $125M SP4 Facility; net injection of over $6M after fees and swap termination.","Collateral includes cash flows from >22,000 solar contracts, 69% advance rate; facility rated A+ by Kroll.","Majority of PPAs variable-rate indexed to California retail electric rates; expects continued strong performance.","Quarterly interest payments begin August 2024; borrower is wholly owned subsidiary Spruce SET Borrower 2024, LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-030550","json":"https://secwatch.observer/filing/0001628280-24-030550.json","markdown":"https://secwatch.observer/filing/0001628280-24-030550.md","text":"https://secwatch.observer/filing/0001628280-24-030550.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1772720/000162828024030550/0001628280-24-030550-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1772720/000162828024030550/spru-20240701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:05:43.618493+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}